The Polarisation of Capitalism and Societal Wellbeing

Investing in people along with the planet – arguably hand in hand, unlocks growth, increases competitiveness, and helps create a regenerative economy. The growth and success of ESG funds, the increasing prominence of sustainable and impact brands, an increasing regulatory approach to disclosure, the public demand for transparency and action on social justice issues, all indicate a regenerative approach to society is fast-approaching the standard future of business. Ensuring justice, equity and inclusion within and between societies and economic markets.

Whatever your political views, uncertainty, and the return to a much more nationalist politics in countries around the world have displaced the assumption of steady global integration. Business leaders need to strike out in new directions to embrace more sustainable and inclusive approach to business.

It is incumbent on all of us to make the case for business to be at the heart of an open global, better business, better world, economic system. We must have the courage to strike out in new directions and embrace an economic model which is not only low-carbon and environmentally sustainable, but also turns poverty, inequality, racial equity, gender equity and inclusion into new market opportunities for smart, progressive, profit for purpose oriented companies.

These complex challenges need the full and combined attention of government, civil society, and business. Business leaders have a real opportunity to bring about a new, socially focused and equitable model of business that reaches the parts of our communities previously left largely to public aid.